TCS wins CII Industrial IP Award 2021 for Finest Patent Portfolio

Tata Consultancy Providers has received the Confederation of Indian Trade (CII) Industrial Mental Property (IP) Awards 2021 for Finest Patent Portfolio within the Massive Enterprises (Info and Communication Know-how and Providers) class. TCS has received this award for the fifth. consecutive years.

The CII Industrial IP Awards acknowledge organizations that promote the tradition of IP and its commercialization, carry the achievements of enterprises into the general public area, assist set up linkages with educational and analysis establishments in India and overseas, and inform the federal government about IP-driven enterprises. Partaking in coverage making workout routines.

The jury for these awards was presided over by eminent scientist Dr. Raghunath Anand Mashelkar, and included main academicians, consultants and specialists with established credentials within the area of IPR.

TCS has constructed a tradition of innovation and has established strong processes and supporting buildings to nurture, handle and increase mental property growth. It systematically identifies promising new concepts from throughout the group and invests in creating them additional.

The analysis and innovation operate has been recreated inside every enterprise unit, enabling area particular innovation utilizing the ability of digital applied sciences. This has resulted in an industry-leading portfolio of mental property that features patents, merchandise and platforms that present TCS with aggressive differentiation, and strategic worth to its clients. It has filed 6,169 patent purposes and a couple of,100 patents have been granted as of September 30, 2021.

TCS’s mental property portfolio features a complete set of merchandise and platforms that meet the enterprise and expertise wants of enterprises throughout industries. These embody TCS BANCs Suite for Monetary Establishments, Algo Retail Suite consisting of TCS Optumera and TCS Omnistore, TCS ADD Platform for Life Sciences Trade, TCS HOBS and TwinX Platform for Communications and Media Firms, Ignio Cognitive Automation Suite, Gel Enterprise Agile Huh. TCS Mastercraft suite of planning and supply instruments, and clever automation merchandise. It’s complemented by a lot of accelerators, frameworks and toolsets in areas resembling IoT, analytics and insights, cloud migration, cloud administration and enterprise utility transformation.

TCS’ robust mental capital has helped it increase its share of the expansion of its purchasers and spend on initiatives resembling enterprise mannequin innovation, buyer expertise reimagination, and tapping new income streams.

“We’re extraordinarily honored to obtain the Finest Patent Portfolio Award from CII. This award is a recognition of our innovation mannequin for creating differentiated options to assist our purchasers obtain their enterprise targets. TCS’s Trade Constructing a number one IP portfolio is a key a part of our innovation technique, which drives progress via technology-driven innovation for max outcomes for our clients,” stated Dr Santosh Mohanty, World Head, Parts Engineering Group, TCS he stated.

This newest CII award follows one other honor TCS obtained for its IP programme. Final month, TCS received the 2021 ASSOCHAM IP Excellence Award within the IP In-Home Staff of the 12 months class.

Tata Consultancy Providers closed at Rs 3,534.35, down Rs 105.3, or 2.89%, on the BSE.

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